Good choice Pana, maybe I'll join you if I can free up some cash. But I kind of worry that now everyone want to push up KLCI, we may be caught in a bull trap. But RM10.80 is a fair price for PBBANK, I prefer it below RM10 though.

Yeah I remember reading an article about PBBANK not having an obvious successor like Genting.

That PER would be based on last years EPS. More current would be around 18x PER or so.

I thought you will buy it at RM10.80? You're worried it cannot be reached?

I believe won't drop below RM10 for this current quarter unless KLCI crash again. Seems pretty strong above RM10.

RM10.30 before ex-dividend. So I expect it can come down a little lower but stay above RM10 if there was a sudden sell-off or something.

Edit: I have to eat my words already, PBBANK did drop below RM10. Looks like RM10 wasn't the strongest support after all.

This post has been edited by skiddtrader: Mar 5 2008, 10:03 AM

1 transaction of 445k shares were sold down for PBBANK at RM9.60. Biggest transaction so far. Such a big amount is sure big time player one.

Unfortunately I'm using OSK as well and it doesn't show time and sales report.

I'm using a third party website which has this function. Go to Invest Asia Online

Just need to register for some basic functions for free. If you pay I think more options open up.

This post has been edited by skiddtrader: Mar 10 2008, 03:44 PM

Huh?!?

Please explain how do you NOT run away from a burning house?

Dividends depends how much the person buys. A dividend for example can be 10% per year. Even if you put RM100k that would mean only RM10k for 12 months. Less than RM1k a month.

Most dividends does NOT reach 10% and capital depreciation of your investment during the recesion periods will dwindle your RM100k to RM70K for example. So that's even less than RM1k a month from dividends.

Please don't get me wrong, I love, admire and hold dividend counters. But kind of hard to survive with just 'dividends' when got no job and recession looming. Although I do get the spirit of your statement, which is the best stocks to hold are still dividend stocks, if not due to stability of the stock, also it's ability to give cash returns even during recession.

But I still don't get your 'Rule No. 1' though. I'm not sure if it is a typo or was it something you really meant. If you can explain it just so I don't feel like I'm mising something.

This is something I personally find amusing that people are worried if Tan Sri Teh pass on, PBB will degenerate without leadership. Kind of like 'if Robert Kuok dies, will Maybulk be bankrupt?' question.

Unlike other business like construction and properties, the owner rarely has to make decisions everyday to ensure his business goes on smoothly. As a bank, standards and procedures are already decided and their business is based on these written instructions how to evaluate loans and potential customers. So in other words even if the good Tan Sri were to retire permanently, the bank business is unaffected by his absence.

Unlike business like properties and construction where management has to constantly look for business and partners and such, banks are more conservative and boring in nature. Other than the new Islamic banking products which they are trying to promote, what else can banks do? Venture into properties? I think not.

I think PBBank at the moment is not into any risky or completely different busines model other than conventional banking. So unless the Tan Sri is responsible for actually approving each housing loan and trying to personally sell you his mutual funds, his absence will not be felt in PBBank's everyday business. IMHO anyway.

This post has been edited by skiddtrader: Mar 18 2008, 10:23 PM

Looking at the board and attempting to figure out how it works is the lousiest way to learn in my honest opinion.

Go to Investopedia and do their tutorial. It should cover most of topics you want to ask and also do the advance topics to understand how certain market instruments work in the stock market.

Go to your local library and read up on stock market related books.

Yeah, until a clear breakthrough of RM12 will it stay above that. Maybe the next quarterly report will push it higher.

The info is wrong for Public Bank. Maybank one seems correct.

If ever the FD rate reaches 10% again, I'll just dump in my cash pile there and set a contract for 5 years. Haha.

That's quite a weak report in my opinion. The analyst is rating PBB based on the price which is higher than another banks price without actually dwelling on why the price is high in the first place.

Hmmm it might drop a bit but won't drop like Equine or Scomi. Because CIMB price is more based on on fundamental fact rather than being goreng to that level of price because of it being politically linked. But come to think of it, in Malaysia anything can happen haha .

Go to Invest Asia Online, and register yourself. Its free. Then you can check Malaysia markets, and there is a function to see 'Time & Sales'. This will show you the time of transaction, type of transaction and also the amount of the transaction.

Very useful to monitor how big the sell is or the buy is. It can also be used to check at what time the big sale/purchases are done.

Can be used for Malaysia, Singapore, Thailand and Vietnam stocks. I only use for Malaysia though.

Yeah, just use what is necessary. I find the Time and Sales are not always accurate though. But the sequence of movement is more important than individual transactions.

Sadly a lot of people still don't understand that and yet they still dabble in stocks.

Price is what you pay, value is what you get.

Stocks aren't as obvious as either paying RM10k for a BMW or paying RM10K for a t-shirt, where the choice is so obvious which one is cheap and which is expensive.